The approach proposed in the paper is rather unconventional, yet very rigorous. The paper set the proof of the iniquitous double charge laid on indebted countries when paying interest on their external debt.

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Paper provided by EconWPA in its series Macroeconomics with number
0004019.

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Length:

14 pages

Date of creation:

23 Jul 2000

Handle:

RePEc:wpa:wuwpma:0004019

Note:

Type of Document - . pdf file; prepared on PC; to print on PostScript; pages: 14 ; figures: included. This is the first paper in the series Quaderni di ricerca launched bay the Laboratory of Research in Monetary Economics. An institute of the Centre for Banking Studies (CSB) of Lugano-Vezia, Switzerland. The RMELab was founded with a view to exploring and proposing new lines of research in the field of monetary economics. This first working paper is simbolically devoted to the external debt problem and gives a foretaste of our approach and shows the way we intend to contribute to this urgent task. Others will follow and we hope that the reader will join us in our adventure and let us have his critical comments. http://www.csbancari.ch/RMElab/

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